Professional Documents
Culture Documents
Dwnload Full Personal Finance 12th Edition Kapoor Test Bank PDF
Dwnload Full Personal Finance 12th Edition Kapoor Test Bank PDF
https://testbankfan.com/download/personal-finance-12th-edition-kapoor-test-bank/
1. Increased demand for a product or service will usually result in lower prices for the item.
True False
5. A decrease in the demand for a product or service may result in unemployment from staff reduction.
True False
6. Developing and using a budget is part of the "obtaining" component of financial planning.
True False
10. Personal opportunity costs refer to time, effort, and health that are given up when a decision is made.
True False
12. Interest on savings is calculated by multiplying the principal amount times the opportunity cost times the annual
interest rate.
True False
15. Gross Domestic Product (GDP) measures the total value of goods and services produced within a country's borders,
excluding items produced with foreign resources.
True False
16. Trade balance is defined as the difference between a country's exports and its imports.
True False
17. The main goal of personal financial planning is managing your money to:
A. save and invest for future needs.
B. reduce a person's tax liability.
C. achieve personal economic satisfaction.
D. spend to achieve financial objectives.
E. save, spend, and borrow based on current needs.
21. With an inflation rate of 9 percent, prices would double in about ___________ years.
A. 4
B. 6
C. 8
D. 10
E. 12
25. Which of the following would increase the risk of a loan to the lender?
A. Inflation rate greater than loan rate
B. A short time to maturity
C. Consumer Price Index
D. Rule of 72
E. Inflation rate lower than loan rate
Another random document with
no related content on Scribd:
Conclusion.
John Emery Bucher was born near Hanover, Pa., August 17,
1872. He entered Lehigh University in 1888 and graduated in 1891.
During the past three years he has been a graduate student in the
Johns Hopkins University.
Subjects: Chemistry, Mineralogy and Mathematics.
TRANSCRIBER’S NOTES
1. Silently corrected obvious typographical errors and
variations in spelling.
2. Retained archaic, non-standard, and uncertain spellings
as printed.
*** END OF THE PROJECT GUTENBERG EBOOK AN
EXAMINATION OF SOME METHODS EMPLOYED IN
DETERMINING THE ATOMIC WEIGHT OF CADMIUM ***
1.D. The copyright laws of the place where you are located also
govern what you can do with this work. Copyright laws in most
countries are in a constant state of change. If you are outside
the United States, check the laws of your country in addition to
the terms of this agreement before downloading, copying,
displaying, performing, distributing or creating derivative works
based on this work or any other Project Gutenberg™ work. The
Foundation makes no representations concerning the copyright
status of any work in any country other than the United States.
1.E.6. You may convert to and distribute this work in any binary,
compressed, marked up, nonproprietary or proprietary form,
including any word processing or hypertext form. However, if
you provide access to or distribute copies of a Project
Gutenberg™ work in a format other than “Plain Vanilla ASCII” or
other format used in the official version posted on the official
Project Gutenberg™ website (www.gutenberg.org), you must, at
no additional cost, fee or expense to the user, provide a copy, a
means of exporting a copy, or a means of obtaining a copy upon
request, of the work in its original “Plain Vanilla ASCII” or other
form. Any alternate format must include the full Project
Gutenberg™ License as specified in paragraph 1.E.1.
• You pay a royalty fee of 20% of the gross profits you derive from
the use of Project Gutenberg™ works calculated using the
method you already use to calculate your applicable taxes. The
fee is owed to the owner of the Project Gutenberg™ trademark,
but he has agreed to donate royalties under this paragraph to
the Project Gutenberg Literary Archive Foundation. Royalty
payments must be paid within 60 days following each date on
which you prepare (or are legally required to prepare) your
periodic tax returns. Royalty payments should be clearly marked
as such and sent to the Project Gutenberg Literary Archive
Foundation at the address specified in Section 4, “Information
about donations to the Project Gutenberg Literary Archive
Foundation.”
• You comply with all other terms of this agreement for free
distribution of Project Gutenberg™ works.
1.F.
Most people start at our website which has the main PG search
facility: www.gutenberg.org.